DUPRE Vincent: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DUPRE Vincent
Largest movements
- Stocks and contracts -€76,861
down €76,861 (-15.2%), from €506,624 to €429,763
- Receivables within one year -€41,206
down €41,206 (-61.0%), from €67,552 to €26,346
of which Trade receivables: -€33,410
- Cash +€14,430
up €14,430 (+66.3%), from €21,756 to €36,186
mainly Stocks and contracts (+€76,861) and Receivables within one year (+€41,206)
- Debts after one year -€64,246
down €64,246 (-77.0%), from €83,424 to €19,178
- Trade debts -€47,465
down €47,465 (-30.6%), from €155,049 to €107,584
- Reserves -€11,174
down €11,174 (-10.5%), from €106,013 to €94,839
of which Distributable reserves: -€11,174
- Current portion of long-term debt +€11,147
up €11,147 (+15.0%), from €74,295 to €85,442
- Gross operating margin -€25,546
down €25,546 (-28.4%), from €89,883 to €64,337
- Financial charges -€7,113
down €7,113 (-22.4%), from €31,819 to €24,706
- Taxes -€6,419
down €6,419 (-97.6%), from €6,576 to €157
- Depreciation +€6,192
up €6,192 (+27.6%), from €22,462 to €28,654
- Other operating charges -€3,328
down €3,328 (-37.2%), from €8,938 to €5,610
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €912,439 | €809,499 | -€102,940 | -11.3% |
| Fixed assets | 21/28 | €309,430 | €315,388 | +€5,958 | +1.9% |
| Tangible fixed assets | 22/27 | €309,430 | €315,388 | +€5,958 | +1.9% |
| Land and buildings | 22 | €290,749 | €276,495 | -€14,254 | -4.9% |
| Plant, machinery and equipment | 23 | €11,808 | €7,255 | -€4,553 | -38.6% |
| Furniture and vehicles | 24 | €4,687 | €29,689 | +€25,002 | +533.4% |
| Other tangible fixed assets | 26 | €2,186 | €1,949 | -€237 | -10.9% |
| Current assets | 29/58 | €603,009 | €494,111 | -€108,898 | -18.1% |
| Stocks and contracts in progress | 3 | €506,624 | €429,763 | -€76,861 | -15.2% |
| Stocks | 30/36 | €506,624 | €429,763 | -€76,861 | -15.2% |
| Amounts receivable within one year | 40/41 | €67,552 | €26,346 | -€41,206 | -61.0% |
| Trade receivables | 40 | €56,913 | €23,503 | -€33,410 | -58.7% |
| Other amounts receivable | 41 | €10,639 | €2,843 | -€7,796 | -73.3% |
| Current investments | 50/53 | €6,000 | €1,816 | -€4,184 | -69.7% |
| Cash at bank and in hand | 54/58 | €21,756 | €36,186 | +€14,430 | +66.3% |
| Deferred charges and accrued income | 490/1 | €1,076 | €0 | -€1,076 | -100.0% |
| Total equity and liabilities | 10/49 | €912,439 | €809,499 | -€102,940 | -11.3% |
| Equity | 10/15 | €176,013 | €164,839 | -€11,174 | -6.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €106,013 | €94,839 | -€11,174 | -10.5% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Other | 1319 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €99,513 | €88,339 | -€11,174 | -11.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €736,426 | €644,659 | -€91,767 | -12.5% |
| Amounts payable after more than one year | 17 | €83,424 | €19,178 | -€64,246 | -77.0% |
| Financial debts | 170/4 | €83,424 | €19,178 | -€64,246 | -77.0% |
| Amounts payable within one year | 42/48 | €649,646 | €625,481 | -€24,165 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €74,295 | €85,442 | +€11,147 | +15.0% |
| Financial debts | 43 | €400,027 | €400,000 | -€27 | 0.0% |
| Credit institutions | 430/8 | €400,027 | €400,000 | -€27 | 0.0% |
| Trade debts | 44 | €155,049 | €107,584 | -€47,465 | -30.6% |
| Suppliers | 440/4 | €155,049 | €107,584 | -€47,465 | -30.6% |
| Taxes, remuneration and social security | 45 | €12,775 | €19,292 | +€6,517 | +51.0% |
| Taxes | 450/3 | €12,775 | €17,185 | +€4,410 | +34.5% |
| Remuneration and social security | 454/9 | €0 | €2,106 | +€2,106 | |
| Other amounts payable | 47/48 | €7,500 | €13,164 | +€5,664 | +75.5% |
| Accrued charges and deferred income | 492/3 | €3,356 | €0 | -€3,356 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,462 | €28,654 | +€6,192 | +27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €8,938 | €5,610 | -€3,328 | -37.2% |
| Non-recurring operating charges | 66A | €0 | €16,400 | +€16,400 | |
| Gross operating margin | 9900 | €89,883 | €64,337 | -€25,546 | -28.4% |
| Operating profit (loss) | 9901 | €58,482 | €13,673 | -€44,809 | -76.6% |
| Financial income | 75/76B | €0 | €16 | +€16 | |
| Recurring financial income | 75 | €0 | €16 | +€16 | |
| Financial charges | 65/66B | €31,819 | €24,706 | -€7,113 | -22.4% |
| Recurring financial charges | 65 | €31,819 | €24,706 | -€7,113 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €26,663 | -€11,017 | -€37,680 | |
| Income taxes | 67/77 | €6,576 | €157 | -€6,419 | -97.6% |
| Profit (loss) for the period | 9904 | €20,087 | -€11,174 | -€31,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,087 | -€11,174 | -€31,261 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.